Blog

Dave Canal
June 18, 2018

Today it might be hard to grasp, but when I was 21 there were clients who hired me because I was “a kid.” They hoped I would become “a gunslinger.”   Even in the 1960s, fear of the market still existed from the crash of 1929.  To be called a Gunslinger was an accolade applied only to the best money managers.   Of course, I wasn’t one of them...

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Dave Canal
May 23, 2018

As I walked through a Baltimore hotel lobby, I heard someone call my name.  Startled, I turned toward the sound and saw a man coming toward me.   As I saw him, I remembered meeting him six months earlier in California.  His name was Bill Kling and he was the chief financial officer of The Cheesecake Factory.   As we shook hands, he introduced...

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Dave Canal
May 15, 2018

In our attached Capital Markets Overview, we share with you some thoughts on the 1st quarter and our outlook for Q2 and beyond. 

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Dave Canal
April 19, 2018

Like most people, I’ve heard the term "half-life" for years.  It always seemed to be used in reference to a prescription drug’s time of effectiveness.  So I was surprised when I heard it used by record executive Clive Davis about his business.  He had used the term to describe a song writer’s life span of creativity.  That reference got my...

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So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “

– Humphrey Neil